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Reuters - 2 days ago

Rio Tinto review finds rape, pressure for sex persists at miner

UPDATE 2-Rio Tinto review finds rape, pressure for sex persists at miner Rio Tinto has fired significant number of workers for sexual harassment Major miners have improved conditions for women - union But more work needed among mid-tier miners, contractors - union Adds picture available for media clients, no changes to text By Melanie Burton MELBOURNE, Nov 20 (Reuters) - Mining major Rio Tinto RIO.AX said cases of rape and sexual assault at the company persist, a report into the company's cultur
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Reuters - 2 days ago

Rio Tinto probe finds rape, pressure for sex persists at miner

Rio Tinto probe finds rape, pressure for sex persists at miner By Melanie Burton MELBOURNE, Nov 20 (Reuters) - Mining major Rio Tinto RIO.AX said cases of rape and sexual assault at the company persist, a report into the company's culture showed on Wednesday, two years after the industry faced an Australian state inquiry for its poor treatment of women.
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Reuters - 1 week ago

Australia shares post weekly loss as China's stimulus dampens mining appetite

Australia shares post weekly loss as China's stimulus dampens mining appetite Benchmark index down 0.2% for week Mining stocks post worst week in over 2 years Energy sub-index declines by 2.1% Updates to close By Rishav Chatterjee Nov 15 (Reuters) - Australian shares rose on Friday but ended the week marginally lower as miners slumped, reflecting dampened investor appetite after the country's top trading partner China unveiled its latest stimulus package.
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Reuters - 1 week ago

Australia may lose $45 bln amid green steel rush, report says

Australia may lose $45 bln amid green steel rush, report says MELBOURNE, Nov 15 (Reuters) - Top global iron ore exporter Australia could lose as much as half its revenue from the sector if it fails to start producing green iron fast enough, as other countries start making steel using renewable energy, a think tank said on Friday. WHY IT'S IMPORTANT Iron ore is Australia's biggest export earner, but so far progress has been slow on developing green iron in the country.
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Reuters - 1 week ago

Australian shares inch higher ahead of October jobs data

Australian shares inch higher ahead of October jobs data Nov 14 (Reuters) - Australian shares inched higher on Thursday, as gains in banks and energy stocks outweighed losses in mining and gold stocks, while market participants awaited local jobs data due later in the day for further cues about the health of the economy. The S&P/ASX 200 index .AXJO rose 0.3% to 8,220.9 by 2323 GMT after a 0.8% fall on Wednesday.
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Reuters - 1 week ago

Commodities drag Australian shares lower on China stimulus letdown

Commodities drag Australian shares lower on China stimulus letdown Updates to close Miners at lowest since late September Gold stocks hit 1-month low Paladin Energy down nearly 30% By Sneha Kumar Nov 12 (Reuters) - Australian shares fell on Tuesday, as mining and energy stocks slipped tracking commodity prices after China's stimulus plan announced last week disappointed investors seeking demand growth in the world's second-biggest economy.
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Reuters - 2 weeks ago

Australian iron ore giants' shares sink on disappointing China stimulus

Australian iron ore giants' shares sink on disappointing China stimulus Nov 11 (Reuters) - Shares in Australia's iron ore miners slumped on Monday after another round of stimulus measures by their top customer China disappointed investors who had hoped for measures that would boost commodities demand. Iron ore prices slid to their lowest in more than two weeks on Monday after China's latest $1.4 trillion package unveiled on Friday offered no direct economic stimulus.
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Reuters - 2 weeks ago

Miners drag Australian shares lower on weak China economic outlook

Miners drag Australian shares lower on weak China economic outlook Updates to close ASX 200 snaps three-day winning streak Mining stocks at over 1-month low IT stocks hit record high By Sneha Kumar Nov 11 (Reuters) - Australian shares snapped a three-session winning streak to decline on Monday, weighed down by miners as iron ore prices faltered on bleak economic outlook in China.
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Reuters - 2 weeks ago

Australian shares muted as commodity stock losses offset gains in financials

Australian shares muted as commodity stock losses offset gains in financials Nov 11 (Reuters) - Australian shares were largely muted on Monday, as gains in financial stocks were countered by losses in commodity stocks, while investors exercised caution ahead of the local jobs data due later in the week. The S&P/ASX 200 index .AXJO was down 0.2% at 8,272.4, as of 0012 GMT.
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Reuters - 2 weeks ago

Banks help Australian shares log best week since mid-August

Banks help Australian shares log best week since mid-August ASX 200 gains over 2% for the week NZ50 records best week since Oct 11 By Roshan Thomas Nov 8 (Reuters) - Australian shares notched up their best week in 12 on Friday, helped by robust gains in banks as the country's central bank left borrowing costs unchanged at a 12-year high earlier this week.
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Reuters - 2 weeks ago

Miners, gold stocks push Australian shares to over a 2-week high

Miners, gold stocks push Australian shares to over a 2-week high Nov 8 (Reuters) - Australian shares climbed to over a two-week high on Friday, with mining and gold stocks leading gains as investors welcomed the Federal Reserve's 25 basis points rate cut, while ANZ Group fell over weak annual profit. The S&P/ASX 200 index .AXJO advanced by 0.8% to 8,294.9 points by 2331 GMT.
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Reuters - 2 weeks ago

Australian shares rise on commodity, tech boost; investors await US election verdict

Australian shares rise on commodity, tech boost; investors await US election verdict Nov 6 (Reuters) - Australian shares rose on Wednesday, tracking their peers on Wall Street, with the technology and commodity sectors leading the gains as investors braced for the outcome of a tightly fought election in the United States. The S&P/ASX 200 index .AXJO rose 0.7% to 8,190.90 points by 2350 GMT, with all sub-indexes trading in the green.
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Reuters - 2 weeks ago

Australia shares widen losses as central bank holds rate at 12-year peak

Australia shares widen losses as central bank holds rate at 12-year peak Updates with RBA decision, moves Nov 5 (Reuters) - Australian shares extended losses on Tuesday after its central bank retained the key policy rate at a 12-year high in an attempt to keep the policy restrictive until core inflation is tamed . The S&P/ASX 200 index .AXJO fell 0.4% to 8,131 .4 points by 0352 GMT.
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Reuters - 3 weeks ago

Australian shares inch higher after 3-day slide; RBA in focus

Australian shares inch higher after 3-day slide; RBA in focus Nov 4 (Reuters) - Australian shares climbed on Monday after a three-session slide, with investors awaiting a central bank policy meeting later in the week for further direction. The S&P/ASX 200 index .AXJO inched 0.3% higher to 8,138.9 by 1133 GMT. The benchmark fell 1.1% last week in its worst week in nearly three months.
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Reuters - 3 weeks ago

Australia, New Zealand corporate earnings week ahead

DIARY-Australia, New Zealand corporate earnings week ahead Nov 1(Reuters) - Diary of Australia and New Zealand (.AXJO, .NZ50) corporate earnings for the week ahead AUSTRALIA & NEW ZEALAND EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 08-Nov-2024 NTS MNW.NZ Manawa Energy Ltd Half Year 2025 Manawa Energy Ltd Earnings Release Start Date Start Time(GMT) RIC Company Name Event Name 04-Nov-2024 NTS WBC.AX Westpac Banking Corp Full Year 2024 Westpac Banking Corp Earnings Release 06-No
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Reuters - 3 weeks ago

Australian mining stocks hit 3-week low on weak iron ore prices

BUZZ-Australian mining stocks hit 3-week low on weak iron ore prices ** Australian mining stocks .AXMM fall as much as 1.2% to hit their lowest level since Oct 9 ** The sub-index is on track for its third consecutive day of retreat ** Iron ore prices declined on Thursday as investors awaited cues on further stimulus from top consumer China next wee
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Reuters - 3 weeks ago

Australian shares edge lower; MinRes surges on $743 mln Hancock deal

Australian shares edge lower; MinRes surges on $743 mln Hancock deal Oct 31 (Reuters) - Australian shares dipped on Thursday on dwindling prospects of a local rate cut this year after a mixed quarterly inflation report, while Mineral Resources surged 16% following a $743 million deal with billionaire Gina Rinehart's Hancock. The S&P/ASX 200 index .AXJO was down 0.1% at 8,172.6 points, as of 2334 GMT.
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Reuters - 3 weeks ago

Australia should lead the energy transition, but is it missing the boat?: Russell

RPT-COLUMN-Australia should lead the energy transition, but is it missing the boat?: Russell This is a repeat of an item issued on Wednesday By Clyde Russell SYDNEY, Oct 30 (Reuters) - It is no secret that Australia is one of the countries best placed to take advantage of the energy transition, given its abundance of minerals, renewable energy potential, stable government and proximity to the growing markets of Asia.
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Reuters - 3 weeks ago

BHP has moved on from Anglo American, company chairman says

UPDATE 2-BHP has moved on from Anglo American, company chairman says Block on making another bid for Anglo expires in late November BHP has done a deal to expand copper holdings in South America Climate plan supported by nearly 92% of shareholders at annual meeting Adds details on opposition to climate plan, coal expansion projects in paragraphs 6-12 By Melanie Burton SYDNEY, Oct 30 (Reuters) - BHP BHP.AX has moved on to focus on other growth opportunities after its failed bid for Anglo American
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Reuters - 3 weeks ago

Australia should lead the energy transition, but is it missing the boat?: Russell

COLUMN-Australia should lead the energy transition, but is it missing the boat?: Russell The opinions expressed here are those of the author, a columnist for Reuters. By Clyde Russell SYDNEY, Oct 30 (Reuters) - It is no secret that Australia is one of the countries best placed to take advantage of the energy transition, given its abundance of minerals, renewable energy potential, stable government and proximity to the growing markets of Asia.
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